Announced Mon, 20 Jul · 16:10 IST
Board to consider raising funds via NCD private placement on July 23
Fund Raising View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹37.59
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.6-4.5-10.8-4.5——————
Up moveDown movePending
AI summary
Salem Erode Investments has informed BSE that its Board of Directors will meet on July 23, 2026 to consider and approve fund raising through the issue of Secured Redeemable Non-Convertible Debentures on a private placement basis. This is a prior intimation under SEBI Listing Regulations, and no specific issue size, coupon, or terms have been disclosed yet.
Likely market impact
Signals a likely debt raise via NCDs. Size and terms will be known post board meet. Watch for any impact on leverage or interest costs.